The global bicycle market is expected to increase by USD 13.9 billion, at a compound annual growth rate (CAGR) of 4.7% from 2022 to 2028, according to the latest edition of the Global Bicycle Market Report.

This industry report offers market estimates of the global market, followed by a detailed analysis of the product, distribution channel, and region. The global market data on bicycle can be segmented by product: road bicycles, hybrid bicycles, all-terrain bicycles, e-bicycles, others. In 2021, the e-bicycle segment made up the largest share of revenue generated by the bicycle market. Bicycle market is further segmented by distribution channel: physical stores, online. The physical stores segment was the largest contributor to the global bicycle market in 2021. Based on region, the bicycle market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific is estimated to account for the largest share of the global bicycle market.

The global bicycle market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Accell Group N.V., Cannondale Bicycle Corporation, Colnago Ernesto & C. S.r.l., Dore lIndustries Inc., Giant Manufacturing Co. Ltd., Hero Cycles Limited, Kona Bicycle Company, Merida Industry Co. Ltd., Pon Holdings BV, Riese undM?ller GmbH, Shanghai Forever Co. Ltd., Shenzhen Xidesheng Bicycle Co. Ltd., Tianjin Fuji-ta Bicycle Co. Ltd., Trek Bicycle Corporation.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.


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